A speech by ASIC Chairman Jeffrey Lucy to the Government Business Conference, 23 February 2007, Sydney.
Introductory comments
- Good Afternoon.
- I would like to thank the Government Business Conference for giving me the opportunity to speak with you today.
- The breadth of experience and expertise of the audience here today means I am looking forward to the opportunity to discuss our various takes on leadership, including what’s important and what the issues are.
- Among colleagues able to share similar (and, in some cases, dissimilar) experiences and thoughts, I would like to stimulate thinking about how we can each, individually and collectively, better lead and influence the Australian community in the context of our respective public roles.
- It is interesting to reflect that we have an increasing emphasis in Australia on whole-of-government approaches, while there is also a growing focus on global regulation.
- Can we envisage global regulation extending to corporate laws?
- I suggest it has already started, much of the lead coming from the European Union.
- Today, I will speak from my own perspective as Chairman of the Australian Securities and Investments Commission (ASIC).
- Specifically, I will discuss leadership and influence from two viewpoints:
- first, a look into how we approach leadership and influence in our agency, including our own ‘Sydney experience’; and
- secondly, from the perspective of our leadership role among industry, including our role in global financial markets.